(Chart by TradingView)
The Ultimate Moving Average of the Hive price against Bitcoin, continued to drop below 2,500 Satoshi around February 7. It then began to rise for a while but has now dropped back down again.
However, the SuperTrend indicator, is always in a sell position all the time.
Meanwhile, the previously brief bullish Squeeze Momentum indicator has returned to bearish again, but has begun to strengthen with relatively small volatility.
Is the Hive price trend against Bitcoin still down? And is it really not time to buy yet?
Let's keep monitoring the price fluctuations of this Hive coin against Bitcoin.